Radianz says FIX CITY Ltd, an independent FIX consultancy that also provides software, is to distribute its IOI (indications of interest) service, ioinet, to the Radianz community of 10,000 financial services sites worldwide.
As an IOI distribution tool, ioinet aims to enable buy-side dealers to find liquidity in a fragmented market. Through its web interface, message filtering engine and integration with buy-side order management systems, ioinet delivers IOIs directly to users desktops and enables dealers to control the flow of IOIs received daily.
“Through Radianz’s shared infrastructure our customers will have quick, easy and secure access to the ioinet service,” says Amy Muddimer, Director, Sales & Marketing at FIX CITY. “Moreover, a majority of our potential customers are already connected to Radianz, which accelerates our time to market and simplifies the overall connectivity process.”
“FIX CITY joins more than130 Providers distributing products and services through Radianz to their customers around the world,” adds Chris Church, EVP strategic client development at Radianz. “We are pleased to have FIX CITY as a part of our community and look forward to working with them to provide customers with cost-effective access to the ioinet service.”